The impact of incentive regulation on productivity in the US telecommunications industry: A stochastic frontier approach

Daigyo Seo; Jonghyup Shin

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The impact of incentive regulation on productivity in the US telecommunications industry: A stochastic frontier approach

机译：激励性法规对美国电信行业生产率的影响：一种随机前沿方法

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This paper investigates whether the substitution of price cap regulation (PCR) and other forms of incentive regulation for traditional rate of return regulation (RRR) has had a measurable effect on productivity growth in the US telecommunications industry. A stochastic frontier approach is employed to compute the efficiency change, technological progress, and productivity growth for 25 LECs over the 1988-1998 time periods. By examining the relationship between the change in productivity growth and regulatory regime variables and other control variables, we find that PCR has a significant and positive effect, both in contemporaneous and lagged specifications.

机译：本文研究了价格上限监管（PCR）和其他形式的激励监管替代传统回报率监管（RRR）是否对美国电信行业的生产率增长产生了可衡量的影响。采用随机前沿方法来计算1988-1998年期间25个LEC的效率变化，技术进步和生产率增长。通过检查生产力增长的变化与监管制度变量和其他控制变量之间的关系，我们发现PCR在同时期和滞后规格方面均具有显着且积极的作用。

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《Information economics and policy》 |2011年第1期|p.3-11|共9页
作者
Daigyo Seo; Jonghyup Shin;
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作者单位

Korea Deposit Insurance Corporation, Cheonggyechun-no 30,]ung-gu, Seoul, Republic of Korea;

Korea Insurance Research Institute, Yoidodong 35-4, Youngdeungpogu, Seoul, Republic of Korea;

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原文格式 PDF
正文语种 eng
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关键词
productivity growth; stochastic frontier model; incentive regulation;

机译：生产率增长;随机前沿模型;激励调节;

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The impact of incentive regulation on productivity in the US telecommunications industry: A stochastic frontier approach

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